
KEI Industries Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
KEI Industries share price Rs 4,570.70 (9 October 2026). Base target Rs 5,555, bull Rs 6,655, downside risk Rs 3,704. PE 44.4. 52W range Rs 3,728.70 to Rs 5,899.00.
Updated: 9 Oct 2026 • 5:51 pm
Posted by:

Quick Answer
The KEI Industries share price target for 2027 is Rs 5,555, about 21.5% above the current price of Rs 4,570.70. The bull case is Rs 6,655, and the downside risk level, which is not a target, is Rs 3,704. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 22.2%, with the stock holding its PE of 44.4. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a KEI Industries target price for 2027 should start with where the stock sits today. At Rs 4,570.70 on 9 October 2026, it is 22.5% below its 52-week high of Rs 5,899.00 and 22.6% above its 52-week low of Rs 3,728.70. That range spans 58% from low to high, so the entry point matters as much as the KEI Industries price forecast itself.
This article builds the KEI Industries share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 5,555 base case and the Rs 6,655 bull case were reached, along with a downside risk level of Rs 3,704.
Click Here – Get Free Investment Predictions
KEI Industries Stock Analysis: Company Overview and Key Stats
KEI Industries (NSE: KEI) has a market capitalisation of Rs 44,259 crore. In FY26 it reported revenue of Rs 11,906 crore and net profit of Rs 918.43 crore. The table collects the figures the KEI Industries share price target is built on.
| Metric | Value |
|---|---|
| Company | KEI Industries |
| NSE Ticker | KEI |
| CMP (9 October 2026) | Rs 4,570.70 |
| 52-Week High | Rs 5,899.00 |
| 52-Week Low | Rs 3,728.70 |
| Market Cap | Rs 44,259 crore |
| PE Ratio (TTM) | 44.40 |
| Industry PE | 50.85 |
| Price to Book | 6.64 |
| Return on Equity | 13.78% |
| Debt to Equity | 0.04 |
| EPS (TTM) | Rs 104.27 |
| Dividend Yield | 0.10% |
| 12-Month Base Target | Rs 5,555 |
| Bull Case | Rs 6,655 |
| Downside Risk Level (not a target) | Rs 3,704 |
Why Is KEI Industries Share Price Target Set at Rs 5,555 for 2027?
The base-case KEI Industries stock target of Rs 5,555 applies a PE multiple of 44.40 to a forward EPS estimate of Rs 125.12. That EPS assumes 20.0% yearly growth, the pace from FY24 to FY26, and puts the target 21.5% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the KEI Industries Target Price: Five Years of Results
KEI Industries grew revenue from Rs 5,742 crore in FY22 to Rs 11,906 crore in FY26, a compound annual growth rate of 20.0%. Net profit grew faster, from Rs 376.01 crore to Rs 918.43 crore (25.0% a year), which shows margin gains did part of the work and not just higher sales.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY22 | 5,741.59 | 376.01 | 41.24 | 2.50 |
| FY23 | 6,939.95 | 477.34 | 52.86 | 3.00 |
| FY24 | 8,153.10 | 580.85 | 64.25 | 3.50 |
| FY25 | 9,807.67 | 696.41 | 75.55 | 4.00 |
| FY26 | 11,906.32 | 918.43 | 96.02 | 4.50 |
FY26 revenue growth was 21.4%, close to the four-year average of 20.0%, and net profit moved up 31.9%. EPS rose from Rs 64.25 in FY24 to Rs 96.02 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
KEI Industries converted 7.7% of FY26 revenue into net profit, against 7.1% in FY25, within a five-year range of 6.5% to 7.7%. EBITDA margin was 11.7% in FY26 versus 10.8% in FY25.
In the June 2026 quarter, revenue was Rs 3,205 crore, up 21.9% from the same quarter a year earlier, while net profit of Rs 274.14 crore was up 40.0%. EBITDA came in at Rs 415.41 crore, up 39.6% year on year. The next quarterly result is the first test of whether the earnings assumption holds.
Balance Sheet and Cash Flow
Debt to equity stands at 0.04, and shareholders' equity grew from Rs 2,136 crore in FY22 to Rs 6,665 crore in FY26. Operating cash flow in FY26 was Rs 839.95 crore against capital expenditure of Rs 1,254 crore, leaving negative free cash flow of Rs 413.63 crore. In FY25 free cash flow was negative at Rs 729.87 crore.
Valuation Check for the KEI Industries Stock Target: PE, Price to Book and ROE
At a PE of 44.40 against an industry PE of 50.85, KEI Industries trades at a discount to its industry. Price to book is 6.64 on a book value of Rs 697.17 per share, and return on equity is 13.78%. A PE of 44.40 equals an earnings yield of 2.3%, and the FY26 dividend of Rs 4.50 per share gives a yield of 0.10%.
Shareholding Pattern and Institutional Holding
Promoters held 35.00% of KEI Industries in June 2026, and promoter holding has stayed near 35.00% since June 2025. Foreign institutional investors (FII) held 27.32% and domestic institutions (DII) held 25.90%, which puts total institutional holding at 53.22%. FII holding rose from 26.59% in June 2025 to 27.32% in June 2026. Public shareholders own the remaining 11.78%. A meaningful institutional holding adds a layer of research coverage and trading depth.
KEI Industries Share Price Targets for the Short Term and 12 Months
Short Term KEI Industries Stock Target Levels: Technical Setup
At Rs 4,570.70 on 9 October 2026, KEI Industries trades below its 50-day simple moving average of Rs 5,080.65 and below its 200-day exponential moving average of Rs 4,815.86. The 14-day RSI reads 46.9, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 4,815.86 (200-day exponential moving average) and the nearest support is Rs 3,728.70 (52-week low). A sustained move above Rs 4,815.86 would improve the short-term setup, while a close below Rs 3,728.70 would shift attention to the next support.
12 Month KEI Industries Target Price for 2027
The 12-month target for KEI Industries is Rs 5,555: forward EPS of Rs 125.12 at a PE of 44.40. That is 21.5% above Rs 4,570.70. It would still leave the stock 5.8% below its 52-week high of Rs 5,899.00.
How EPS Growth and PE Multiple Change the KEI Industries Target Price
| EPS Growth | PE 35.52 | PE 44.40 | PE 51.06 |
|---|---|---|---|
| 0.0% (EPS Rs 104.27) | Rs 3,704 | Rs 4,630 | Rs 5,324 |
| 20.0% (EPS Rs 125.12) | Rs 4,444 | Rs 5,555 | Rs 6,389 |
| 25.0% (EPS Rs 130.34) | Rs 4,630 | Rs 5,787 | Rs 6,655 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the KEI Industries price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for KEI Industries Stock Target in 2027
Bull Case Rs 6,655
The bull case KEI Industries price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 130.34, and a PE multiple that rises 15% to 51.06. That gives Rs 6,655, 45.6% above the current price and above the 52-week high of Rs 5,899.00, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 3,704
The downside risk level is not a target. It assumes EPS stays flat at Rs 104.27 and the PE falls 20% to 35.52. That gives Rs 3,704, 19.0% below the current price and below the 52-week low of Rs 3,728.70.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 25.0% | 51.06 | Rs 6,655 | +45.6% |
| Base Case | 20.0% | 44.40 | Rs 5,555 | +21.5% |
| Downside Risk | 0.0% | 35.52 | Rs 3,704 | -19.0% |
Key Risks to the KEI Industries Target Price for 2027
Growth Slowdown Risk for the KEI Industries Price Target
Revenue in the June 2026 quarter was up 21.9% year on year, and FY26 revenue growth was 21.4%. If growth slows from here, the EPS estimate behind the KEI Industries stock target will need revising.
Liquidity and Size Risk
KEI Industries has a market capitalisation of Rs 44,259 crore. Institutional holding is 53.22%, and promoters hold 35.00%. Stocks of this size are usually liquid, though exits can take longer than entries when the market is falling.
Valuation and Margin Risk
Net margin was 7.7% in FY26, so a small slip in costs moves profit noticeably. At a PE of 44.40 versus an industry PE of 50.85, a de-rating toward the downside-risk PE of 35.52 would cut the price even if earnings hold.
Market and Technical Risk
The stock trades 22.5% below its 52-week high, with an RSI of 46.9 and a MACD reading above its signal line. Broader market weakness can override company fundamentals in the short term.
How to Invest in KEI Industries
Start with the live price and volume. Any KEI Industries share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 4,570.70 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check KEI Industries' PE, ROE, debt and shareholding in one place.
Check KEI Industries fundamentals on the Univest Screener
Then compare the three KEI Industries target price scenarios with your own view. If you expect EPS growth below 20.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track KEI Industries live price and get daily stock recommendations.
Conclusion
The KEI Industries share price target for 2027 is Rs 5,555 in the base case, with Rs 6,655 as the bull case. The support for that view is arithmetic you can check: EPS grew 22.2% a year over FY24 to FY26, and the stock trades at a PE of 44.40. The risks are equally concrete, including a stock that sits 22.5% below its 52-week high and a downside scenario that cuts the price 19% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on KEI Industries Share Price Target 2027
What is the KEI Industries share price target for 2027?
Ans. The base-case KEI Industries share price target for 2027 is Rs 5,555, with Rs 6,655 as the bull case. The downside risk level, which is not a target, is Rs 3,704. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.
What is the KEI Industries share price today?
Ans. As of 9 October 2026, 3:29 PM IST, KEI Industries trades at Rs 4,570.70, down 0.20% on the day. The 52-week range is Rs 3,728.70 to Rs 5,899.00.
Is KEI Industries a buy or sell at the current price?
Ans. The data is mixed rather than one-sided: EPS has grown 22.2% a year over FY24 to FY26, but the stock is 22.5% below its 52-week high. Whether KEI Industries fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.
What are the bull case target and downside risk level for KEI Industries shares?
Ans. The bull case target is Rs 6,655, which assumes 25.0% EPS growth and a PE of 51.06. The downside risk level is Rs 3,704, which assumes flat EPS and a PE of 35.52. It marks a risk, not a target.
What are the main risks to the KEI Industries price target?
Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 44,259 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.
What is the PE ratio of KEI Industries and how does it compare with the industry?
Ans. The PE ratio of KEI Industries is 44.40 against an industry PE of 50.85. Price to book is 6.64 and return on equity is 13.78%. The base case in the KEI Industries price target holds this PE constant.
Who owns KEI Industries, and what is the promoter holding?
Ans. Promoters held 35.00% of KEI Industries in June 2026. FII held 27.32%, DII held 25.90% and the public held 11.78%.
What were KEI Industries' latest quarterly results?
Ans. In the June 2026 quarter, KEI Industries reported revenue of Rs 3,205 crore (up 21.9% year on year) and net profit of Rs 274.14 crore (up 40.0%).
Recent Articles

Manali Petrochemicals Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
9 October 2026

Manaksia Steels Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
9 October 2026

Manaksia Coated Metals & Industries Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
9 October 2026

Mahindra Lifespace Developers Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
9 October 2026
Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.
Reviews
Recent Posts
Manali Petrochemicals Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
Manaksia Steels Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
Manaksia Coated Metals & Industries Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
Mahindra Lifespace Developers Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
Bank of Maharashtra Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
Popular this week
Mahindra & Mahindra Financial Services Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings

Uniresearch Global Pvt Ltd
Research Analyst
SEBI Registration Number — INH000013776
Uniresearch is a subsidiary of Univest Communication Technologies Private Limited
Company Address: Registered Address: Ground Floor, Unitech Commercial Tower 2, Block B, Greenwood City, Unit 1-3, Sector 45, Gurugram, Haryana 122003
Write to us : support@univest.in, compliance@univest.in
Verify on SEBI registry →RESEARCH ANALYST
Get SEBI Registered
advice on the stocks
trending today.
Get 3 FREE Trade Ideas
for Startups Accelerator 2024
Trusted by 1Cr Indians
Awarded No.1 by Economic Times





